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Re: Col Kilgore post# 295550

Tuesday, 09/14/2004 10:15:40 PM

Tuesday, September 14, 2004 10:15:40 PM

Post# of 704044
Well, Col, with options, you have to be doubly right on price and time. That's what I was looking at on CCMP.

Let's put it this way, if I bought CCMP 35's yesterday at 3.50, the price could go up $0.10 on the common and I'd still be looking at a 3% loss plus commission. That's mild compared to some individual stocks.

The play on CCMP for call options was at 36.50 or below. Above that the risk/reward is narrowed, IMO.

http://www.investorshub.com/boards/board.asp?board_id=1613
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